Plan Ledger DOL Form 5500 · updated monthly

Marine Biological LaboratoryMoney purchase plan

MARINE BIOLOGICAL LABORATORY DEFINED CONTRIBUTION · WOODS HOLE, MA · plan year 2024

Reported admin expense ratio · 2024
0.05%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Marine Biological Laboratory reported $32,777 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,711 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio fell from 0.08% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 546th-largest of 2,726 plans among Massachusetts employers on file, and the 711th of 3,091 in educational services. active participation has grown from 209 to 271 since 2022.

Plan summary
Net assets, end of year$69,857,721
Participants with balances686
Active participants271
Employer contributions$1,818,746
Employee contributions—
Employer contribution per active participant$6,711
Average account balance$101,833
Benefits paid to participants$3,753,488
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$69.9M · 686 accts · $1.8M emplr
2023$63.8M · 682 accts · $1.7M emplr
2022$55.6M · 688 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$152
Investment management$21,875
Audit (IQPA)$10,750
Total administrative$32,777
Employer contributions to the Marine Biological Laboratory plan · 2024
Employer contribution per active participant$6,711
Median for plans this size$3,635
2024$6,711 per active participant
2023$6,543 per active participant
2022$7,704 per active participant

Marine Biological Laboratory's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan)$21,875
AAFCPAS, INC. · Accounting / audit$10,750

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$32,777 · 0.05%
2023$47,974 · 0.08%
2022Not separately reported
All plans at this employer2
MARINE BIOLOGICAL LABORATORY TAX DEFERRED ANNUITY403(b)
MARINE BIOLOGICAL LABORATORY DEFINED CONTRIBUTIONMoney purchase plan
Same employer
Similar plansEducational Services · Massachusetts
Belmont Hill School MA$73.9M · 0.09%
Concord Academy MA$73.6M · 0.08%
Lasell University MA$71.8M · 0.05%
Dexter Southfield, Inc. MA$70.0M · 0.05%
Bay Path University MA$67.3M · 0.13%
Regis College MA$67.0M · 0.15%
Brooks School MA$66.7M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042104690 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.